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  1. 21 lut 2024 · The White House announced that President Biden approved $1.2 billion in debt relief for borrowers enrolled in the SAVE plan, a new repayment option that provides forgiveness after 10 years of payments. The Biden-Harris Administration has now cancelled nearly $138 billion in student debt for almost 3.9 million Americans through various actions.

  2. 21 maj 2024 · Today’s announcement brings the total loan forgiveness approved by the Biden-Harris Administration to $167 billion for 4.75 million Americans. Thanks to this Administration’s efforts more than one out of every 10 federal student loan borrowers has now been approved for some debt relief.

  3. 8 kwi 2024 · Today, President Biden is announcing his Administration’s plans that, if finalized as proposed, would cancel student debt for loans associated with institutions or programs that lost their ...

  4. 8 kwi 2024 · The new plan would forgive some or all loan debt for nearly 30 million borrowers under the Higher Education Act, the federal law that regulates student loan and grant programs.

  5. 24 sie 2022 · President Biden announces a three-part plan to cancel up to $20,000 of debt for low- to middle-income borrowers and extend the loan repayment pause until December 2022. The plan also aims to make the student loan system more manageable and affordable for current and future borrowers.

  6. 12 kwi 2024 · The Biden-Harris Administration announced today the approval of $7.4 billion in additional student loan debt relief for 277,000 borrowers. These discharges are for borrowers who signed up for President Biden’s Saving on a Valuable Education (SAVE) Plan and are eligible for its shortened time-to-forgiveness benefit and as a result of fixes ...

  7. 30 cze 2023 · The U.S. Supreme Court has struck down President Biden’s plan for federal student loan forgiveness. Millions of federal borrowers will not see their debts decreased or erased. In an address...

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